Answer:
5%
Step-by-step explanation:
this question is really asking what percent of 950 is 47.5?
is/of = %/100
47.5 is the 'is'
950 is the 'of'
'r' is the 'what percent'
47.5/950 = r/100
cross-multiply to get:
950r = 4750
r = 5
Answer:
5%
Step-by-step explanation:
Price x sales tax rate = sales tax
950 x sales tax rate =47.50
sales tax rate =47.50/950
sales tax rate = .05 or 5%